All three major indices are trading down today with the

Dow Jones Industrial Average

(

^DJI

) trading down 57 points (-0.3%) at 17,673 as of Thursday, Dec. 3, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,034 issues advancing vs. 1,899 declining with 169 unchanged.

The Banking industry currently sits up 3.8% versus the S&P 500, which is down 0.3%. Top gainers within the industry include

ING Groep

(

ING

), up 1.4%,

Citigroup

(

C

), up 0.7% and

HDFC Bank

(

HDB

), up 0.6%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3.

Canadian Imperial Bank of Commerce

(

CM

) is one of the companies pushing the Banking industry lower today. As of noon trading, Canadian Imperial Bank of Commerce is down $0.98 (-1.3%) to $74.54 on heavy volume. Thus far, 235,520 shares of Canadian Imperial Bank of Commerce exchanged hands as compared to its average daily volume of 248,900 shares. The stock has ranged in price between $73.59-$76.05 after having opened the day at $76.05 as compared to the previous trading day's close of $75.52.

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Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to individuals and small businesses, and commercial, corporate, and institutional clients in Canada and internationally. Canadian Imperial Bank of Commerce has a market cap of $30.1 billion and is part of the financial sector. Shares are down 12.1% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Canadian Imperial Bank of Commerce a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates

Canadian Imperial Bank of Commerce

as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and good cash flow from operations. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. Get the full

Canadian Imperial Bank of Commerce Ratings Report

now.

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2. As of noon trading,

Bank of Nova Scotia

(

BNS

) is down $0.32 (-0.7%) to $44.54 on average volume. Thus far, 308,804 shares of Bank of Nova Scotia exchanged hands as compared to its average daily volume of 779,900 shares. The stock has ranged in price between $44.36-$45.12 after having opened the day at $45.12 as compared to the previous trading day's close of $44.86.

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The Bank of Nova Scotia provides various personal, commercial, corporate, and investment banking services in Canada and internationally. Bank of Nova Scotia has a market cap of $55.0 billion and is part of the financial sector. Shares are down 21.4% year-to-date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Bank of Nova Scotia a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates

Bank of Nova Scotia

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow and generally disappointing historical performance in the stock itself. Get the full

Bank of Nova Scotia Ratings Report

now.

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1. As of noon trading,

Toronto-Dominion Bank

(

TD

) is down $0.50 (-1.2%) to $40.69 on average volume. Thus far, 668,693 shares of Toronto-Dominion Bank exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $40.61-$41.41 after having opened the day at $41.41 as compared to the previous trading day's close of $41.19.

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The Toronto-Dominion Bank, together with its subsidiaries, provides financial and banking services in North America and internationally. The company operates through Canadian Retail, U.S. Retail, and Wholesale Banking segments. Toronto-Dominion Bank has a market cap of $76.7 billion and is part of the financial sector. Shares are down 13.8% year-to-date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Toronto-Dominion Bank a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates

Toronto-Dominion Bank

as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and increase in net income. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, a generally disappointing performance in the stock itself and disappointing return on equity. Get the full

Toronto-Dominion Bank Ratings Report

now.

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If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the banking industry could consider

KBW Bank ETF

(

KBE

) while those bearish on the banking industry could consider

ProShares Short KBW Regional Bankng

(

KRS

).